Paris Startup Nabla Reels In Big Bucks to Further AI Development

– The artificial intelligence (AI) startup located in Paris, Nabla, just announced some heartwarming news. They’ve managed to secure a hefty amount of $24 million in their Series B funding round.
– Cathay Innovation, renowned for spearheading innovative funding rounds, was the captain of this funding voyage.
– ZEBOX Ventures, the corporate venture capital fund of CMA CGM, was also all too eager to throw some money into Nabla’s cash bountiful hat.
– This victorious funding lap comes a few months after Nabla managed to reel in a large-scale partnership with the ever-so-popular Permanente Medical Group, who are a division of the multinational U.S. healthcare juggernaut.

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Sacre bleu! It seems like those baguettes aren’t the only thing rising in Paris. Nabla, the AI startup, is clearly on a roll, bagging a cool $24 million in their latest funding round. Talk about having your crepe and eating it too. The impressive size of the funding, led by Cathay Innovation and ZEBOX Ventures, certainly points to some tasty potential in the works.

Perhaps even cooler, it seems like our friends at Nabla have already begun making some serious power moves on the other side of the pond. They’ve partnered with the big leagues, like the Permanente Medical Group in the U.S., which makes us wonder—how deep is this French tech revolution going?

When it comes to innovation, it seems the French are saying “au revoir” to the old and bonjour to the new! This could mean we’re looking at more breakthroughs in artificial intelligence coming out of Paris – a welcome sight, somewhere between a wine tour and the Eiffel Tower.

One thing’s clear here – with money like this floating around, AI is bagging more than just imaginary Monopoly money. It’s playing for keeps in the high stakes world of tech innovation. So, here’s to Nabla – the little Parisian startup that could!

Original article: https://techcrunch.com/2024/01/05/nabla-raises-another-24-million-for-its-ai-assistant-for-doctors/